Who is Consumer Advice?

When South African consumers are being 'ripped off' in the financial and insurance industries, we step in to sort it out. Luckily, we are able to offer this service free of charge.

Consumer Advice is on a mission to help people just like you, get the best deal with estate planning and this includes a Free Will drawn up by the best in the field.

The site has clear and simple information and is refreshingly easy to navigate. All you have to do is input your details and one of our final estate and wills specialists will get back to you within 24 hours to discuss the options available.

Life can be unexpected. Don't wait until it's too late. Draft your Last Will & Testament and cover your legal fees at death.

How can Consumer Advice Help You? 

In South Africa, we have been conditioned to get the 1st available Will, download a template from the internet or buy it at the CNA. A Will is probably the most important document you will ever sign in your life and therefore it is imperative to get it done right. These are simplistic and generic Wills, and don’t allow for great detailed specifics. An expert will recommend the best way to structure your Will, taking your personal and financial circumstances into account plus they can explain the meaning of each clause to you so that you understand all the implications. What Consumer Advice is offering is a Free Will - Drafting, safe keeping and updating if required. There are no demands to be the executor plus there is an option to take out an insurance policy to cover all the costs at the time of death but it is totally optional. 

Thousands of South Africans have managed to drastically reduce their exorbitant costs at death thanks to the information specialist estate planning experts can offer. 

These specialists are completely separate from the insurance companies or the banks. This means they can give you impartial advice on the best options for you. 

They will find the best solution for YOU.

We Have Helped Over 517 364 South Africans Get Their Legal Wills In Place

We have thousands of satisfied customers who now save hugely on excessive executor and legal costs.                        

Can we help you?

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Do you live in South Africa?

Then we can help you today! 

Our chosen estate planning experts are all based all around South Africa and are dedicated to helping you find the best cover for you at the right price. 

Find out if you're one of thousands that are eligible to dramatically reduce your monthly funeral insurance premiums today.

August 2020

Joseline

I don’t know how to start thanking you for the mercy you have shown to me. This has shown me that amongst such a wide variety of complex estate and will products and so many companies in South Africa, I chose the guys that have helped me the best with incredible service! This company is a godsend to me. You put the needs of me and my family first.

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Disclaimer: We work with a carefully selected panel of  insurance companies and sales providers and, once you have qualified and accepted our terms, we will introduce you to them to look after your insurance needs. Our service is 100% free to use and you are under no obligation to accept any of the quotes or product offers that you receive. The purchase of life insurance cover is subject to terms, conditions and acceptance. 

ConsumerAdvice & Worldwide Leads www.worldwide-leads.com does not administer these products. You may be referred to our approved providers if we feel that this is appropriate and the best advice in your situation. ConsumerAdvice may be paid a referral fee for introducing you to one of our approved providers.

Get Started & complete our quick and easy assessment to see if you qualify for our Will drafting and estate planning providers to be able to assist you to cover your legal fees at death

Get re Get referred to one of our trusted financial services providers who will assess your situation and guide you on the best possible deal for your specific needs.

Let our insurance experts work hard while you relax.

Here are the answers to your Questions.

And you didn't even have to ask. We are good like that ...

Is it really free?

Is Life Insurance part of a deceased person's estate?

The length of time it takes to administer an Estate depends on the complexity of the Estate, which in turn affects how long it takes to receive an inheritance. An Executor is required by regulation to submit a Liquidation & Distribution Account (L&D) to the Master of the High Court within 6 months of the date of the Letter of Executorship. However, the total time to administer and Estate varies and could take years.

Our business rule is to aim to administer and Estate within 6-9 months. 

No, it is only part of an Estate if the policy is not left to the beneficiary. Often, people do not list everything they own in their Wills. Life Insurance policies are subject to estate taxes whether the death benefit passes to the estate or the beneficiary.

What does "Estate of a Deceased Person" mean?

Legally, Estate refers to everything you own (properties, bank accounts, etc). It's a relatively simple definition, but it can become a bit more complicated when someone dies.

Do I have to pay taxes on the sale of my deceased parents' home?

Yes. Taxes will be payable either as part of the Estate if you sell it before the Estate is finalised, or as Capital Gains tax on your individual profile if you sell it after you have inherited it.

How much can you inherit without paying taxes?

Each individual receives a rebate of R3,5 million on Estate Duty.

Therefore when an Estate is administered the individual's Estate is exempt from paying Estate Duty on the first R3,5 million of taxable value.

What is an Executorship?

The administration of deceased Estates is generally the process of winding up the affairs of the deceased individual and this process is governed by the Administration of Estates Act, 66 of 1965 (as amended).

These duties and processes need to be fulfilled by a person who is appointed by the Master of the High Court and is refereed to as the Executor of the Estate.

Can a Last Will and Testament expire?

No. The only way a Last Will and Testament becomes invalidated is when you revoke all previous Wills, in your current Will. 

A Solution You Can Trust

The solution we’ve found for you has all the legal, professional and insurance expertise you need under one roof. This means they can execute your estate quickly and efficiently – without delays and burdensome processes.

Whereas many estates take years to be resolved, their average turnaround time is between six to nine months. This is one of the reasons why they can offer low premiums and higher benefits than many others in the industry.

If You Don't Have A Will, This Could Happen:

• Your estate gets distributed according to South African law and not according to your wishes. This means your children may not inherit what you intended them to.
• Instead of your children receiving their inheritance at all, it could pass directly to the Government Guardian's Fund.
• If both you and your partner pass away at the same time your children may not be placed with a guardian of your choice.
• Ugly, unnecessary in-fighting over the distribution of your estate could split families.
• Without a Will-nominated professional executor, your estate could take years to wind up, and the Government will be in control of the entire process.

How long does it take to get inheritance money?

This is a genuine offer for a Free Will. Drafting, safe keeping and updating if required. This is totally honest and there are no demands to be the executor. There is an option to take out an insurance policy to cover all the costs at the time of death including executor, legal, estate taxes and even groceries after death, but it is totally optional.